Cheap Apartments for Rent in the Nicollet Island Neighborhood of Minneapolis, MN from $400 (433 Rentals) Page 3 of 9

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Search the lowest-cost Apartments available for rent right now in the Nicollet Island area of Minneapolis.

property at 11 S 12th St

11 S 12th St

MinneapolisMN55403
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Duffey Lofts
Rent Specials
$1,212 - $3,932
Total Monthly Price

Total Monthly Price

Base Rent
$1,154 - $3,874
Required Monthly Fees
$58

Total Monthly Price
$1,212 - $3,932
Studio to 2 Bedroom Apartments Available Now

Duffey Lofts

528 N Washington AveMinneapolis, MN 55401
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Mill City Quarter
Rent Specials
$1,213 - $1,462
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,209 - $1,458
Required Monthly Fees
$4

Total Monthly Price
$1,213 - $1,462
1 to 2 Bedroom Apartments Available Now

Mill City Quarter

300 S 2nd StMinneapolis, MN 55401
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Marko Apartments
$1,225 - $1,975
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,150 - $1,900
Required Monthly Fees
$75

Total Monthly Price
$1,225 - $1,975
Studio to 1 Bedroom Apartments Available Now

Marko Apartments

711 8th St SEMinneapolis, MN 55414
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Stone Arch I
Rent Specials
$1,243 - $1,739
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,199 - $1,695
Required Monthly Fees
$44

Total Monthly Price
$1,243 - $1,739
Studio to 2 Bedroom Apartments Available Now

Stone Arch I

601-701 Main St SEMinneapolis, MN 55414
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Bowler Lofts
Rent Specials
$1,245 - $1,395
Total Monthly Price

Total Monthly Price

Base Rent
$1,145 - $1,295
Required Monthly Fees
$100

Total Monthly Price
$1,245 - $1,395
1 Bedroom Apartments Available Now

Bowler Lofts

1506 Laurel AveMinneapolis, MN 55403
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1015 20th Ave SE, Unit 2
$1,250
Total Monthly Price7 Month Lease Term

Total Monthly Price

Base Rent
$1,250

Total Monthly Price
$1,250
2 Bedroom Apartment Available Feb 1, 2026

1015 20th Ave SE, Unit 2

1015 20th Ave SEMinneapolis, MN 55414
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property at 2021 3rd Ave S

2021 3rd Ave S

MinneapolisMN55404
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430 Oak Grove
Rent Specials
$1,256 - $3,844
Total Monthly Price

Total Monthly Price

Base Rent
$1,228 - $3,816
Required Monthly Fees
$28

Total Monthly Price
$1,256 - $3,844
Studio to 2 Bedroom Apartments Available Now

430 Oak Grove

430 Oak Grove StMinneapolis, MN 55403
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Luna
$1,257 - $3,550
Total Monthly Price

Total Monthly Price

Base Rent
$1,257 - $3,550

Total Monthly Price
$1,257 - $3,550
1 to 2 Bedroom Apartments Available Now

Luna

2520 8th St SMinneapolis, MN 55454
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City Place Lofts
Rent Specials
$1,257 - $1,427
Total Monthly Price

Total Monthly Price

Base Rent
$1,253 - $1,423
Required Monthly Fees
$4

Total Monthly Price
$1,257 - $1,427
Studio to 2 Bedroom Apartments Available Mar 6, 2026

City Place Lofts

730 Hennepin AveMinneapolis, MN 55403
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Sora
Rent Specials
$1,260 - $2,286
Total Monthly Price

Total Monthly Price

Base Rent
$1,260 - $2,286

Total Monthly Price
$1,260 - $2,286
Studio to 1 Bedroom Apartments Available Now

Sora

600 S 5th AveMinneapolis, MN 55415
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The Julia
$1,266 - $3,070
Total Monthly Price

Total Monthly Price

Base Rent
$1,091 - $2,895
Required Monthly Fees
$175

Total Monthly Price
$1,266 - $3,070
Studio to 2 Bedroom Apartments Available Now

The Julia

80 Broadway St NEMinneapolis, MN 55413
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First Place Apartments
$1,268
Total Monthly Price

Total Monthly Price

Base Rent
$1,250
Required Monthly Fees
$18

Total Monthly Price
$1,268
2 Bedroom Apartments Available Mar 1, 2026

First Place Apartments

2312 1st Ave SMinneapolis, MN 55404
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Quarry Place
$1,271
Total Monthly Price

Total Monthly Price

Base Rent
$1,250
Required Monthly Fees
$21

Total Monthly Price
$1,271
2 Bedroom Apartments Available Feb 1, 2026

Quarry Place

1830 Hayes St NEMinneapolis, MN 55418
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Lago Apartments
Rent Specials
$1,279 - $1,894
Total Monthly Price

Total Monthly Price

Base Rent
$1,275 - $1,890
Required Monthly Fees
$4

Total Monthly Price
$1,279 - $1,894
Studio to 2 Bedroom Apartments Available Now

Lago Apartments

500 W Lake StMinneapolis, MN 55408
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Satori
Rent Specials
$1,285 - $3,005
Total Monthly Price

Total Monthly Price

Base Rent
$1,277 - $2,997
Required Monthly Fees
$8

Total Monthly Price
$1,285 - $3,005
1 to 2 Bedroom Apartments Available Now

Satori

835 W Broadway AveMinneapolis, MN 55411
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property at 924 21st Ave S

924 21st Ave S

MinneapolisMN55404
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Huxley Apartments
Rent Specials
$1,300 - $2,465
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,300 - $2,465

Total Monthly Price
$1,300 - $2,465
Studio to 2 Bedroom Apartments Available Now

Huxley Apartments

657 22nd Ave NEMinneapolis, MN 55418
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1115 Humboldt Ave N
$1,300
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,300

Total Monthly Price
$1,300
3 Bedroom Apartments Available Now

1115 Humboldt Ave N

1115 Humboldt Ave NMinneapolis, MN 55411
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property at 2937-2939 Fremont Ave N

2937-2939 Fremont Ave N

MinneapolisMN55411
property at 2219 5th Ave S

2219 5th Ave S

MinneapolisMN55404
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MPA / Marcy Park Apartments
Rent Specials
$1,304 - $2,503
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,300 - $2,499
Required Monthly Fees
$4

Total Monthly Price
$1,304 - $2,503
1 to 4 Bedroom Apartments Available Now

MPA / Marcy Park Apartments

1015 8th StMinneapolis, MN 55414
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Motiv Apartments
$1,315
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,295
Required Monthly Fees
$20

Total Monthly Price
$1,315
1 Bedroom Apartments Available Dec 15

Motiv Apartments

1006 W 24th StMinneapolis, MN 55405
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Getting Around the Nicollet Island Neighborhood in Minneapolis, MN

Walk Score®

94 / 100

Walker’s Paradise

Daily errands do not require a car

Bike Score®

93 / 100

Biker's Paradise

Daily errands can be accomplished on a bike

Transit Score®

66 / 100

Good Transit

Many nearby public transportation options

Frequently Asked Questions about Cheap Nicollet Island Apartments

What is a cheap apartment in Nicollet Island?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Nicollet Island is under $718.

What is the price of a cheap apartment in Nicollet Island?

The cheapest apartment in Nicollet Island is 814-8TH which is listed at $760, while the average apartment in Nicollet Island costs $4,350.

What types of apartments are the cheapest in Nicollet Island?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 373 regular apartments in Nicollet Island that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Nicollet Island?

Cheap apartments in Nicollet Island have an average cost of $657 which is $3,693 cheaper than the average rent for all rentals in Nicollet Island.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Helpful Local Expert Guides

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A Local Expert’s Guide To the Top 10 Budget-Friendly Neighborhoods to Rent in Minneapolis

Written by: Stephanie Lica

I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, MN. I've lived in Minnesota all my life, save for a brief stint in Wisconsin.

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Enjoy Twin Cities Campus Life: Top Minneapolis Neighborhoods for Student Renters

Written by: Stephanie Lica

I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, MN.

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Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers

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Authentic Minneapolis: An Insiders Guide to Renting in the City of Lakes

Written by: Stephanie Lica

Hello from the Twin Cities! I’m Stephanie — your ApartmentHomeLiving.com Local Expert for Minneapolis. I’m here to give you the inside scoop on this frigid, yet fascinating city.

Articles, How-To's, and Tips

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.